Asheville NC Multi-Family Homes

Scroll down to find the latest multi-family homes for sale in Asheville, NC. You may also be interested in browsing Western NC multi family homes for sale.

Asheville Multi Family Homes for Sale

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160 State Street Asheville NC 28806

Asheville, NC160 State Street

Price$399,900

Est. Mortgage: $/month

MLS Number CAR3874819

  • MultiFamily
  • Bedrooms 2
  • Square Feet 1467
  • Acreage 0.68
  • Property SubType Residential Income

Check out this duplex with just a 10 minute walk to shops and restaurants in West Asheville! Live on one side and rent the other. Both of these units have been active long term rentals. Each unit has vaulted ceilings and lots of natural light with open floor plans, large living and bedrooms. These units feature single floor living with laundry on main floor. The large lot features open space and trees for lots of possibilities. Possible impact from i26 connector project

Listed by Bill DeVore of Keller Williams Professionals

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%
$/month over payments
Federal 30-year interest rate: 6.49% last updated on Dec 1, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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249 Roberts Road Asheville NC 28806

Asheville, NC249 Roberts Road

Price$425,000

Est. Mortgage: $/month

Active With Contract

MLS Number CAR3924151

  • MultiFamily
  • Bedrooms 4
  • Square Feet 2301
  • Acreage 1.3
  • Property SubType Residential Income

Create your own ideal space in the country on 1.3 acres off of New Leicester Highway with views, convenient to Downtown and Haywood Road. Enjoy your evenings on the covered front porch, or grilling out on the back deck. The large lot has a fully fenced yard perfect for pets & play and the seller has kept sheep and chickens previously. Blueberry bushes yield gallons of fresh blueberries in the late summer. Mature hardwoods line the edge of the property giving privacy during the warmer months when you're spending time in the yard. In addition to the living space on the main level, the lower level has lots of room for family & friends with large living room, two bedrooms and a full bath. The home offers abundant storage, with a walk-in-closet in the primary bedroom, double closets in both basement bedrooms and an attached garage that's also great for hobbies or exercise. Also included in this sale is a manufactured home with recent interior updates, currently rented for $1100 per month.

Listed by Maurie Hill of Keller Williams Professionals

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%
$/month over payments
Federal 30-year interest rate: 6.49% last updated on Dec 1, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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138 Biltmore Avenue Asheville NC 28801

Asheville, NC138 Biltmore Avenue

Price$3,900,000

Est. Mortgage: $/month

Active With Contract

MLS Number CAR3921957

  • MultiFamily
  • Bedrooms 16
  • Square Feet 10584
  • Acreage 0.34
  • Property SubType Residential Income

Two of downtown's architectural jewels built circa 1920. Incorporating ashlar granite with wide, low eaves, these buildings hug the hillside and the edge of Biltmore Avenue like European mountain villas. Both buildings were designed for apartment use, with 8 individual meters for gas, electric and water. 2-story plus basement. Four 2-bedroom / 1 bath per building for a total of 8 units. Located in the downtown hotel overlay. Existing leases are well below market and all but 1 are month to month. Opportunity for conversion to condos; hotel use; partial private residence. See brochure for details.

Listed by John Menkes and Jeremy Goldstein of G/M Property Group

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%
$/month over payments
Federal 30-year interest rate: 6.49% last updated on Dec 1, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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5 And 7 Sunset Terrace Asheville NC 28804

Asheville, NC5 And 7 Sunset Terrace

Price$925,000

Est. Mortgage: $/month

MLS Number CAR3922152

  • MultiFamily
  • Bedrooms 7
  • Square Feet 3704
  • Acreage 0.36
  • Property SubType Residential Income

Income producing, 4 unit building just a stone's throw away from the Grove Park Inn in a great neighborhood. Close to Downtown Asheville, restaurants, the Blue Ridge Parkway, and more! Property has 2 units on the main level and 2 units on the basement level. All in good shape and rented. Owner is responsible for water and tenants pay their own electricity. So many possibilities for this property, come see!!

Listed by Brent Allen of Patton Allen Real Estate LLC

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%
$/month over payments
Federal 30-year interest rate: 6.49% last updated on Dec 1, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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182 Dorchester Avenue Asheville NC 28806

Asheville, NC182 Dorchester Avenue

Price$495,000

Est. Mortgage: $/month

MLS Number CAR3921968

  • MultiFamily
  • Bedrooms 4
  • Square Feet 1950
  • Acreage 0.19
  • Property SubType Residential Income

West Asheville desirable duplex. Excellent rental history. Bring all offers!

Listed by Judy Price of Preferred Properties

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%
$/month over payments
Federal 30-year interest rate: 6.49% last updated on Dec 1, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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0000 New Leicester Highway Asheville NC 28806

MLS Number CAR3603722

  • MultiFamily
  • Square Feet 1032
  • Acreage 5.39
  • Property SubType Residential Income

Attention Commercial Developers and Investors: New Leicester Hwy acreage with 9-pads Mobile Home Park - 4 miles from Patton Avenue. High traffic count, large corner tract with traffic signal, level acreage with over 500' frontage on 5-lane New Leicester Hwy and also on O'Donald Road. Many potentials for Commercial Development, expanded MHP, Warehouse, Storage Buildings, Apartments, or combination unrestricted usage. Outside city limits, Open Use zoning, little to no grading necessary. Three wells plus has municipal water along side property. Existing house is residence and could be residential rental or office. 4 mobiles convey. One of few larger tracts remaining for development along this rapidly growing corridor. For GPS, the mailing address is 223 O'Donald Rd Asheville NC 28806

Listed by Micheal Farlow and Alan Cuthbertson of Lantern Realty Asheville

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$
%
$/month over payments
Federal 30-year interest rate: 6.49% last updated on Dec 1, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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82 Madison Avenue Asheville NC 28801

Asheville, NC82 Madison Avenue

Price$595,000

Est. Mortgage: $/month

Active With Contract

MLS Number CAR3912317

  • MultiFamily
  • Bedrooms 4
  • Square Feet 2068
  • Acreage 0.19
  • Property SubType Residential Income

Triplex with steady rental income and great renters! Turnkey investment that will start putting money in your pocket on a monthly basis immediately! Well-kept, well-maintained, property management in place-it doesn't get easier than this!! One 2-bedroom unit upstairs; two 1-bedroom units downstairs. Clean dry basement. Fantastic location!! Walking distance to downtown Asheville, Trader Joes, and Whole Foods, and convenient to Hwy. 40, and yet in a quiet and cozy north Asheville neighborhood! Add this to your rental portfolio today!

Listed by Laura Uherka of Mountain Oak Properties

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$
%
$/month over payments
Federal 30-year interest rate: 6.49% last updated on Dec 1, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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3 & 5 Hy Vu Drive Asheville NC 28804

Asheville, NC3 & 5 Hy Vu Drive

Price$734,000

Est. Mortgage: $/month

MLS Number CAR3917236

  • MultiFamily
  • Bedrooms 4
  • Square Feet 1813
  • Acreage 0.42
  • Property SubType Residential Income

Rare find ALERT! A Lawrence Trabor (well know modernest architect) duplex in the beautiful hills of North Asheville. Both units are one level, updated nicely and views of Town Mountain. 2 minutes to anything Merrimon ave. Winter views and summer treehouse vibes radiate from this sweet spot. Enjoy views toward the Grove Park Inn and Town Mountain or hike in the hills of north asheville to get some of the best views of Downtown Asheville from a distance. Or walk over to the MOST popular North Asheville Tailgate Market at UNCA. Whatever adventure for that day this duplex is exactly what you need. Great investment no matter which way you use it.

Listed by Tom Metcalf of Realty ONE Group Pivot Asheville

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$
%
$/month over payments
Federal 30-year interest rate: 6.49% last updated on Dec 1, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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40 Holland Street Asheville NC 28801

Asheville, NC40 Holland Street

Price$575,000

Est. Mortgage: $/month

Active With Contract

MLS Number CAR3917292

  • MultiFamily
  • Bedrooms 3
  • Square Feet 1991
  • Acreage 0.1
  • Property SubType Residential Income

Incredible opportunity in coveted central Asheville location! This dreamy duplex is located less than a quarter mile to downtown, and boasts 2 beautifully renovated living spaces. Both levels of this traditional four square were completely gutted and rehabbed, and now feature new electric, roof, hvac, plumbing, etc. Kitchens feature solid wood cabinetry, stone countertops, stainless appliances, and more. Gorgeous hardwood floors and tile throughout, tasteful lighting, fresh paint, tiled showers, fun wallpaper, and multiple fireplaces (for looks only) fill this property with character and charm! Ample outdoor space and fully fenced yard, as well as an abundance of storage, help to create ideal city living. Basement offers potential for 3rd unit if desired. Broker/Agent owned. Condition of fireplaces unknown.

Listed by Katie Beane of Homespun Investment Realty Inc

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$
%
$/month over payments
Federal 30-year interest rate: 6.49% last updated on Dec 1, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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18 Willow Court Asheville NC 28805

Asheville, NC18 Willow Court

Price$430,000

Est. Mortgage: $/month

Active With Contract

MLS Number CAR3912448

  • MultiFamily
  • Square Feet 3108
  • Acreage 1.58
  • Property SubType Residential Income

**UNDER CONTRACT- ACCEPTING BACKUP OFFERS!** Investor alert! Lovingly maintained for 25 years by the same owner, this well established quiet mobile home park on 1.58 acres, with city water and sewer, is just a short drive to downtown Asheville but requires no city taxes! 11 spots with 5 long term tenants have provided stable ROI for the current owner. 3 units convey with the property. 2 have leases with long term dependable tenants, and one was newly remodeled and recently leased at market price. 3 additional units have stable, long term month to month lot rental agreements. The park offers great potential for increased ROI as rents have been kept below market value, and there are 5 additional spaces ready and available for the next owner to fill. Please do not disturb current tenants. Listing agent will accompany potential buyers to walk lines and view exteriors for first showings. Access will be granted to see occupied homes on second showings only.

Listed by Amy Miller and Melissa Zerbarini of High Vistas Realty

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$
%
$/month over payments
Federal 30-year interest rate: 6.49% last updated on Dec 1, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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14 Fortunate Drive Asheville NC 28806

Asheville, NC14 Fortunate Drive

Price$299,999

Est. Mortgage: $/month

MLS Number CAR3913759

  • MultiFamily
  • Bedrooms 4
  • Square Feet 1488
  • Acreage 0.28
  • Property SubType Residential Income

Are you a first-time home buyer, downsizing, looking for a rental, then this is the house for you. Duplex has many updates, remodeled kitchen and bath and new HVAC for both units. Hardwood and luxury vinyl tile. Each unit has 2 bedrooms, 1 bath and it's own utility meter. HOA pays for water, trash and landscaping. Drive by is OK, just don't disturb tenants. House hack and live in one side, while renting the other. Agents, please look at attachments and agent remarks on MLS, for more information. Buyer must be preapproved or provide proof of funds in order to schedule a showing.. 24 hour notice required. No STR allowed

Listed by Mary Love of Love The Green Real Estate Consulting Firm

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$
%
$/month over payments
Federal 30-year interest rate: 6.49% last updated on Dec 1, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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91 Virginia Avenue & 10 Galax Avenue Asheville NC 28806
Active With Contract

MLS Number CAR3912151

  • MultiFamily
  • Bedrooms 3
  • Square Feet 1412
  • Acreage 0.14
  • Property SubType Residential Income

Multi-family property with immediate income potential! Light & bright West Asheville bungalow with tasteful modern touches, high ceilings, and a clean/open feel. Plus, a newer detached guest house that is permitted as a Homestay through the City of Asheville. This is the perfect opportunity for acquiring a reliable income stream to cover the mortgage while you enjoy life in the heart of West Asheville. Could also work well for housing friends/family who want to live close-by, just not under the same roof. Main house features immaculate wood floors, custom kitchen, modern bath, and convenient laundry/mudroom addition. Guest house, constructed in 2019, utilizes high ceilings and natural light to create a welcoming feel as soon as you walk through the door. This unit is completely turnkey, with all existing furnishings included in the sale. Great outdoor space, fully fenced back yard, fire pit area, and green space. Virtual tour: https://youriguide.com/91_virginia_ave_asheville_nc/

Listed by Alan Wray of Heartwood Realty LLC

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$
%
$/month over payments
Federal 30-year interest rate: 6.49% last updated on Dec 1, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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652 Sand Hill Road Asheville NC 28806
Active With Contract

MLS Number CAR3896281

  • MultiFamily
  • Bedrooms 8
  • Acreage 1.53
  • Property SubType Residential Income

Investor alert! Five-unit mobile home park (four units to convey with sale; fifth pays lot rent). Continue to run as a mobile home park (in the city limits!) or with RM6 zoning, convert the property to multifamily townhomes (see attached conceptual site plan from engineer. City water, city sewer, and natural gas at the road. Convenient west Asheville location close to downtown, the Blue Ridge Parkway, shopping, and entertainment. **Property owned by LLC and one member of LLC is NC real estate agent.**

Listed by Clarissa Marshall of EXP Realty LLC Asheville

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$
%
$/month over payments
Federal 30-year interest rate: 6.49% last updated on Dec 1, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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27 Rolling Hill Drive Asheville NC 28806

MLS Number CAR3908761

  • MultiFamily
  • Bedrooms 3
  • Square Feet 2500
  • Acreage 0.5
  • Property SubType Residential Income

Attention Investors! Income-producing short-term rental on half acre just outside city limits. End of road privacy in a park-like setting, just 3 mi to Haywood Rd and 4.5 mi to Downtown Asheville. Currently used as a rental and sold furnished with upcoming reservations in place. Continue using as a whole house rental, or live in the upper floors and rent out the daylight basement with separate entry. Ample parking, peaceful ambiance, easy access. Let your property work for you! Energy efficient house with many green-built features. Whole house (WH) generator, WH surge protector and WH water filter. Zoned, dual-fuel heating and cooling. Underground utilities, alarm system, outbuilding, gutters with mesh leaf guards. French drains, jetted tub, too many features to list. Please NO DRIVEBYS. Schedule all showings in advance. Financial records available upon request. Thanks for your interest!

Listed by Michelle Day of Sarver Realty Group,LLC

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$
%
$/month over payments
Federal 30-year interest rate: 6.49% last updated on Dec 1, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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84 & 92 E Mountain Way Asheville NC 28805

Asheville, NC84 & 92 E Mountain Way

Price$650,000

Est. Mortgage: $/month

MLS Number CAR3786540

  • MultiFamily
  • Bedrooms 9
  • Square Feet 3899
  • Acreage 2.23
  • Property SubType Residential Income

Great investment with lots of potential! This is a multi-family trailer park with four trailers and a three bedroom / two bathroom home with an attached two car garage. Each trailer is a two bedroom / one bathroom home with city water and its individual own septic system. The house also has its own septic system and city water. There is also another out building with electric that could be used as another garage or large work shop. The trailers and the house are currently rented. As is or with upgrades, this trailer park and home could generate much more income and be a great investment for the serious buyer. This property will be Sold As Is. Pinnum for 84 E Mtn Wy - 966975997200000 Pinnum for 92 E Mtn Wy - 996985177500000 Pinnum for 92 E Mtn Wy - 966985177500000

Listed by Callie Heikes of Asheville Realty Group

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$
%
$/month over payments
Federal 30-year interest rate: 6.49% last updated on Dec 1, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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18/20 Mcpherson Street Asheville NC 28804

MLS Number CAR3904220

  • MultiFamily
  • Bedrooms 4
  • Square Feet 1468
  • Acreage 0.33
  • Property SubType Residential Income

Unique Woodfin property featuring a Mobile home with addition and fenced in yard. Property includes additional "fixer upper" home with a large carport and 2 lots 1 cleared (fenced in) lot available for future construction with Community Shopping Zoning and easy access to I-26 and downtown Asheville.

Listed by Hilary Corn of Coldwell Banker King

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$
%
$/month over payments
Federal 30-year interest rate: 6.49% last updated on Dec 1, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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349 Country Club Road Asheville NC 28804

Asheville, NC349 Country Club Road

Price$1,049,000

Est. Mortgage: $/month

Pending

MLS Number CAR3893858

  • MultiFamily
  • Bedrooms 8
  • Square Feet 5384
  • Acreage 0.68
  • Property SubType Residential Income

This Georgian style apartment building is located in the sought after North Asheville area near the Grove Park Inn golf course. This neighborhood is amenable to have regular walking and biking activities. This property is situated in a serene setting on a large lot that can be altered to suit your preferences and needs. This building will need updates to bring it to its full rental potential but its charm and appeal is evident. This is a rare find in the North Asheville area. Come take this opportunity to purchase a unique find. First time on the public market in over 50 years. Tenant occupied so showings will be scheduled Fridays and Saturdays each week between 1PM and 3PM or by appointment only. Four, 2BR/1BA spacious units approximately 1300/sf with an extra bonus room. Each unit has original hardwood floors. Four off street parking spaces; with large lot size more parking can be added. Basement has additional storage available.

Listed by Brittany Baliles of Mountain Oak Properties

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$
%
$/month over payments
Federal 30-year interest rate: 6.49% last updated on Dec 1, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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141 Louisiana Avenue Asheville NC 28806

Asheville, NC141 Louisiana Avenue

Price$499,000

Est. Mortgage: $/month

MLS Number CAR3898413

  • MultiFamily
  • Bedrooms 3
  • Square Feet 1962
  • Acreage 0.17
  • Property SubType Residential Income

Unique opportunity. West Asheville, easy walk to Haywood Rd. Duplex with permitted homestay, separate entrances, so many possibilities. Live on the main floor in 2BR/2BA & use upstairs as a short or long-term rental. Huge unfinished basement offers lots of storage for bikes/kayaks, etc. Off-street parking in rear. Front yard has raised garden beds producing flowers and vegetables. Seller can leave these for new owner or remove, if preferred. Use home in current configuration as an income producer or combine units for a spacious single-family home, just steps to shops, dining, etc. Property includes all appliances and is sold furnished. Schedule your showing today.

Listed by Michelle Day of Sarver Realty Group,LLC

$
$
%
$/month over payments
Federal 30-year interest rate: 6.49% last updated on Dec 1, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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39 Cedar Mountain Road Asheville NC 28803

Asheville, NC39 Cedar Mountain Road

Price$565,000

Est. Mortgage: $/month

MLS Number CAR3894494

  • MultiFamily
  • Bedrooms 3
  • Square Feet 2220
  • Acreage 0.67
  • Property SubType Residential Income

MUST SEE, PERFECT LOCATION! Freshly remodeled home on .67 acres, < 10 minutes to Downtown Asheville. This 3 bed/2 bath home w/chef's dream kitchen, new cabinetry, butcher block countertops, tile backsplash, new sink, all new stainless appliances, electric stove/oven, new lighting, dine-in area/breakfast bar. Full one bed apartment with appliances and separate entrance. Fabulous landscape w/native plants, flowering shrubs, majestic pines and Zen babbling brook running through yard. Backyard offers entertaining space, a large raised deck along the brook for relaxing! Many options for living/Airbnb in these units (buyers to confirm). NEW: ROOF, DUAL ZONE HVAC, FLOORING, APPLIANCES and PAINT!! Broker/owner.

Listed by Valeria Carrizo-Wyda and Cherise Ahern of Nest Realty Asheville

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$
%
$/month over payments
Federal 30-year interest rate: 6.49% last updated on Dec 1, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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6 Reynolds Road Asheville NC 28806

Asheville, NC6 Reynolds Road

Price$699,900

Est. Mortgage: $/month

MLS Number CAR3890667

  • MultiFamily
  • Bedrooms 3
  • Square Feet 1595
  • Acreage 0.14
  • Property SubType Residential Income

PRICE REDUCTION. Rare find in popular West Asheville ! Main level house with many updates. Primary BR with custom tile shower, sun tunnel and walk-in closet. Dining room opens to large 2 tier deck with private backyard. Spacious living room with adjacent office/ library. AND a lower level state of the 1 BR apartment with radiant floor heat and completely sound proofed. Plenty of daylight windows including a sun tunnel for year round natural light. Private deck and back yard. Dedicated off street parking. Just a few steps to the breweries and River Arts district. 5 minute walk to West Asheville Haywood Road and 10 minutes to downtown Asheville !!

Listed by Owen Fields of Century 21 Mountain Lifestyles

$
$
%
$/month over payments
Federal 30-year interest rate: 6.49% last updated on Dec 1, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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Broker Reciprocity © 2022 Listings courtesy of Canopy MLS as distributed by MLS GRID. IDX information is provided exclusively for consumers’ personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The IDX data is deemed reliable but is not guaranteed by MLS GRID and may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS.  Based on information submitted to the MLS GRID as of December 6, 2022 9:51 PM EST . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.